© Drake Management Review, Volume 2, Issue 1, October 2012 i

Drake Management Review

http://www.cbpa.drake.edu/dmr/

Table of Contents Volume 2, Issue 1, October 2012

Viewpoint Today’s Competitive Environment: How a New Breed of Power Brokers Is Succeeding by Focusing on the Dynamics of Consumer Markets 1 Andrew T. Norman, Drake University

Subject Area: Marketing

Special Section

Herb and Karen Baum Symposium on Ethics and the Professions October 2-3, 2012 Drake University

Is Our Workplace Ethical? Key Issues and Implications 9

Michael Monts, Fellow, Ethics Resource Center Vice President (Retired) for Business Practices, United Technologies Corp. Subject Area: Business and Society Article Type: Transcript of Symposium Speech

Having Authentic Conversations about Ethics in the Workplace 15 Doug Hagerman, Senior Vice President, General Counsel, and Secretary Rockwell Automation, Inc. Subject Area: Business and Society Article Type: Transcript of Symposium Speech

Setting the Gold Standard: Greater Omaha Alliance for Business Ethics 20 Beverly Kracher, Creighton University Director and President, Greater Omaha Alliance for Business Ethics Subject Area: Business and Society Article Type: Transcript of Symposium Speech

Why Business, Nonprofits, and Education Must Partner to Energize 26 a Commitment to Character, Ethics, and Integrity

Matthew Davidson, President, Institute for Excellence and Ethics Subject Area: Business and Society Article Type: Adapted from Symposium Speech

© Drake Management Review, Volume 2, Issue 1, October 2012 ii

Research Article IASB & FASB Convergence Project: Revenue Recognition 36

David J. Gallistel, Drake University Tuan Phan, Drake University Geoffrey D. Bartlett, Drake University James L. Dodd, Drake University Subject Area: Accounting Article Type: Editorially Reviewed Student Research Report

Book Reviews Larcker, D. & Tayan, B. Corporate Governance Matters: A Closer Look at 52

Organizational Choices and Their Consequences. Upper Saddle River,

New Jersey: Pearson Education, Inc., 2011, 480 pages.

Reviewed by Guclu Atinc, Drake University Subject Area: Strategic Management

Daniel Kahneman, Thinking, Fast and Slow. New York: Farrar, Straus and Giroux, 58

499 pages.

Reviewed by Lisa A. Gardner, Ph.D., Associate Professor of Statistics and Insurance, College of Business and Public Administration, Drake University Subject Areas: Human Resource Management and Organizational Behavior

The mission of the Drake Management Review is to provide an online, accessible, publication for high-

quality, insightful, and thought-provoking viewpoints, commentaries, applied research articles, case

studies, student/faculty research reports, and book reviews focusing on issues relevant to today’s

organizational managers and academic researchers.