Business values dimensions: A cross-culturally developed measure of workforce values |
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Authors: | David A Ralston Craig J Russell Carolyn P Egri |
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Institution: | 1. University Fellows International Research Consortium, 15854 Gleneagle Court, Ft Myers, FL 33908, USA;2. University of Oklahoma, 660 Parrington Oval, Norman, OK 73019, USA;3. Simon Fraser University, 8888 University Drive, Burnaby, B.C., V5A 1S6, Canada |
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Abstract: | Using a stratified random sample drawn from 11,709 business professionals’ survey responses across 26 societies, we investigated and failed to find support for the construct validity of the Schwartz Values Survey’s (SVS) a priori 10-factor circumplex model of human values, originally developed from student and teacher responses. Subsequent exploratory factor analysis estimated an initial five-factor solution, the Business Value Dimensions (BVD) model. In turn, CFA supported the cross-cultural validity of this alternative configuration of values for business professionals. Internal consistency reliabilities for these five values factors are reported for the 26 societies plus an additional 25 societies that did not meet sample size criteria to be included in the analyses. As a result, findings are provided for a total of 51 societies (14,724 business professionals). We present the five-factor BVD model for use in future international research with business professional populations. |
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Keywords: | Business Values Dimensions Construct development Cross-cultural values Values scale development Schwartz Values Survey Factor analysis |
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