An empirical investigation on factors influencing choice of foreign market by media firms

This study examines a number of factors suggested in the literature as important determinants of the foreign market selection. Key strategic factors are determined as four groups: host-country characteristics, firm-specific factors, competitive situation and content adaptation. In this study, multip...

Full description

Saved in:
Bibliographic Details
Main Authors: Ali Akbar Farhangi, Tahmoures Hassangholipour, Ehtesham Rashidi
Format: Article
Language:English
Published: Growing Science 2014-02-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol4/msl_2013_390.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850104624524034048
author Ali Akbar Farhangi
Tahmoures Hassangholipour
Ehtesham Rashidi
author_facet Ali Akbar Farhangi
Tahmoures Hassangholipour
Ehtesham Rashidi
author_sort Ali Akbar Farhangi
collection DOAJ
description This study examines a number of factors suggested in the literature as important determinants of the foreign market selection. Key strategic factors are determined as four groups: host-country characteristics, firm-specific factors, competitive situation and content adaptation. In this study, multiple regression and path analysis are used. To test the model with modeling techniques, the necessary data from 29 media firms were used. It is based on a questionnaire, which has provided several insights into market selection elements. Our findings indicate that all components of the host country, exporting companies, competitive situation and the content adaptation could influence positively the selection of foreign market. The results also indicate that the adaptation of content was the most effective in choosing a foreign market. In addition, cross-cultural adaptation is an important component in selection of foreign markets. The results also suggest that the causal relationships between the independent variables are positive and significant, while the relationship between the content adaptation and the competitive situation has not been confirmed.
format Article
id doaj-art-42e57e65a9fc449a8270537c5ad81f98
institution DOAJ
issn 1923-2934
1923-9343
language English
publishDate 2014-02-01
publisher Growing Science
record_format Article
series Management Science Letters
spelling doaj-art-42e57e65a9fc449a8270537c5ad81f982025-08-20T02:39:18ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-02-012435936210.5267/j.msl.2013.12.016An empirical investigation on factors influencing choice of foreign market by media firmsAli Akbar FarhangiTahmoures Hassangholipour Ehtesham RashidiThis study examines a number of factors suggested in the literature as important determinants of the foreign market selection. Key strategic factors are determined as four groups: host-country characteristics, firm-specific factors, competitive situation and content adaptation. In this study, multiple regression and path analysis are used. To test the model with modeling techniques, the necessary data from 29 media firms were used. It is based on a questionnaire, which has provided several insights into market selection elements. Our findings indicate that all components of the host country, exporting companies, competitive situation and the content adaptation could influence positively the selection of foreign market. The results also indicate that the adaptation of content was the most effective in choosing a foreign market. In addition, cross-cultural adaptation is an important component in selection of foreign markets. The results also suggest that the causal relationships between the independent variables are positive and significant, while the relationship between the content adaptation and the competitive situation has not been confirmed.http://www.growingscience.com/msl/Vol4/msl_2013_390.pdfInternational mediaMedia managementExport marketsGlobal marketingInternational market selection
spellingShingle Ali Akbar Farhangi
Tahmoures Hassangholipour
Ehtesham Rashidi
An empirical investigation on factors influencing choice of foreign market by media firms
Management Science Letters
International media
Media management
Export markets
Global marketing
International market selection
title An empirical investigation on factors influencing choice of foreign market by media firms
title_full An empirical investigation on factors influencing choice of foreign market by media firms
title_fullStr An empirical investigation on factors influencing choice of foreign market by media firms
title_full_unstemmed An empirical investigation on factors influencing choice of foreign market by media firms
title_short An empirical investigation on factors influencing choice of foreign market by media firms
title_sort empirical investigation on factors influencing choice of foreign market by media firms
topic International media
Media management
Export markets
Global marketing
International market selection
url http://www.growingscience.com/msl/Vol4/msl_2013_390.pdf
work_keys_str_mv AT aliakbarfarhangi anempiricalinvestigationonfactorsinfluencingchoiceofforeignmarketbymediafirms
AT tahmoureshassangholipour anempiricalinvestigationonfactorsinfluencingchoiceofforeignmarketbymediafirms
AT ehteshamrashidi anempiricalinvestigationonfactorsinfluencingchoiceofforeignmarketbymediafirms
AT aliakbarfarhangi empiricalinvestigationonfactorsinfluencingchoiceofforeignmarketbymediafirms
AT tahmoureshassangholipour empiricalinvestigationonfactorsinfluencingchoiceofforeignmarketbymediafirms
AT ehteshamrashidi empiricalinvestigationonfactorsinfluencingchoiceofforeignmarketbymediafirms