Boardroom Governance with Evan Epstein

Marta Viegas: Focusing on Corporate Governance in Latin America and the Caribbean with IDB Invest.


Listen Later

  1. Start of interview. [1:40]
  2. Marta's "origin story" from Brazil to Washington DC [2:21]
  3. Her involvement with corporate governance education in Brazil with IBGC [6:31]
  4. The impact of Lava Jato (operation car wash) in Brazilian corporate governance (2014) [8:33]
  5. Her role coordinating the "comply or explain" Brazilian Corporate Governance Code [11:07]
  6. What made her transition from Tozzini Freire to IDB Invest in 2017? [16:31]
  7. What is IDB Invest? [19:13]
  8. Description of the Corporate Governance Development Framework adopted by 34 development finance institutions (DFIs) that manage ~$850B [23:13]
  9. IDB Invest's corporate governance framework: "The art is always trying to separate the essential from the desirable, the must-have from the nice-to-have." [25:45]
  10. How to coordinate the investment focus from the governance focus (time-management) [28:47]
  11. The state of corporate governance and some common issues in Latin America: lack of diversity, smaller capital markets, predominance of controlling shareholders, SOEs, and reliance on bank financing [33:24]
  12. The challenges for foreign investors in Latin American listed companies: protection of minority shareholder rights, transparency and related-party transactions [39:41]
  13. Controlling shareholders in Latin America have an incentive to improve corporate governance to attract investment in order to compete in a globalized market: "those are the winners in the market." [44:24]
  14. IDB Invest has a special focus on small countries and islands ("S&I countries") [47:12]
  15. The impact of Covid-19 in Latin America and IDB Invest's role in helping the region [49:39]
  16. IDB Invest article and guidance for the role of the Board during Covid-19 [51:43]
  17. Her favorite books: [55:54]
    1. The Trusted Advisor (Meister, Green & Galford)
    2. Crime and Punishment (Dostoyevsky)
  18. Her mentors: [58:01]
    1. Marcio Mello Silva Baptista (TozziniFreire)
    2. Maria Elisa Gualandi Verri (TozziniFreire)
    3. Luis Valdes (Principal - Brasilprev)
    4. Sandra Guerra (Better Governance)
    5. Rachel Robboy (IDB Invest)
  19. Her favorite quotes: "The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy." Martin Luther King Jr. [1:00:01]

Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

You can follow Evan on social media at:

X: @evanepstein

LinkedIn: https://www.linkedin.com/in/epsteinevan/ 

Substack: https://evanepstein.substack.com/

__

To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/

__

Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

...more
View all episodesView all episodes
Download on the App Store

Boardroom Governance with Evan EpsteinBy Evan Epstein

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

40 ratings


More shows like Boardroom Governance with Evan Epstein

View all
Economist Podcasts by The Economist

Economist Podcasts

4,214 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,327 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,856 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

378 Listeners

Money Talks from The Economist by The Economist

Money Talks from The Economist

918 Listeners

Masters in Business by Bloomberg

Masters in Business

2,163 Listeners

WSJ Minute Briefing by The Wall Street Journal

WSJ Minute Briefing

661 Listeners

Bold Names by The Wall Street Journal

Bold Names

1,458 Listeners

The Readout Loud by STAT

The Readout Loud

316 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

164 Listeners

The Bid by BlackRock

The Bid

255 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,530 Listeners

Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

Dry Powder: The Private Equity Podcast

148 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

72 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

380 Listeners