Abstract
The present research was conducted to translate the Love of Money Scale (LOMS; Luna-Aroca & Tang, 2004) into Urdu language and assess the construct validity of the translated version. The research was completed in two phases. In the first phase, the Urdu version of LOMS was obtained using forward and back translation methods. In the second phase, the translated LOMS was validated to measure the construct of Love of Money. The sample included 300 (150 female and 150 male) students selected from four universities in Punjab, Pakistan, through purposive and convenient sampling techniques. The responses were analyzed through SPSS (24 Version) and AMOS (25 Version). The results of confirmatory factor analysis established the factorial validity of second order model fit and six factors modal fit of Love of Money Scale. Factor loading and model fit indices confirmed the six-factor model (achievement, good, power, expression, evil and management of money) is better validated than second-order modal fit. This Urdu version scale revealed the acceptable value of Cronbach’s Alpha (overall love = .85, achievement = .91, good = .90, power = .88, expression = .91, evil = .89, management of money = .86) for the reliability in the existing research that shows the good enough reliability. The result of the correlation found a significant positive correlation between the English version and the Urdu version of the Scale. Test-retest reliability is also evaluated within one week of the gap. It prevailed as a significant strong positive correlation (r = .85 to .92). The result showed gender significant differences, while the mean score of love, achievement, good, power, expression and management of money were significantly higher among female respondents as compared to male respondents, but evil (subscale of LOMS) was significantly higher among male respondents than female respondents. This research confirmed that the Urdu version of Love for Money is reliable and valid for Pakistani culture for measuring the approach toward money.
Muhammad Rizwan, Muhammad Mansoor Abbas, Ali Sher, Sajjad Hussain. (2024) TRANSLATION AND VALIDATION OF LOVE OF MONEY SCALE IN PAKISTANI CULTURE, PAKISTAN ISLAMICUS (An International Journal of Islamic & Social Sciences), PAKISTAN ISLAMICUS: January - March: 2024; Vol-04 Issue- 01, Issue 01.
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