Reliability, Validity and Factor Structure of Values Scale
The impact our decisions cast on ourselves and others are often a resounding reflection of the core values infused in our belief system. They are the guiding principles for desirable codes of conduct and actions that modulate one’s self-concept. Thus precise identification of values can unearth one’s priorities and basis of functioning. However, the lack of sound and comprehensive instruments for evincing the core values of individuals in eastern countries serves as the prime motive for the present study, i.e., development of the values scale. More explicitly, the exploratory factor analysis (EFA) was run to explore the factor structure of the scale. The factor validity of 25 item scale was determined on a sample of 300 adults. Principal component analysis with Varimax rotation method yielded a seven-factor structure (Benevolence, Egalitarian, Self-direction, Social Obligation, Aspirations, Political, and Spiritual/ Religious) collectively accounting 59.48 percent of the variance. Furthermore, confirmatory factor analysis (CFA) indicated that the seven-factor solution proposed in EFA has good fit indices (χ2/df = 2.11; AGFI = .834; CFI = .851; RMSEA = .061; RMR = .026; TLI = .823). The obtained results thus supported an acceptable level of reliability, validity, and factor structure of the Values Scale.