CONFIRMATORY FACTOR ANALYSIS OF LIVELIHOOD ASSETS OWNERSHIP FOR B40 HOUSEHOLD INCOME GROUP IN SOUTHERN REGION OF KELANTAN

Authors

  • Nor Zuriati Amani Binti Ab Rani
  • Rospidah Binti Ghazali
  • Mohd Khairi Bin Ismail
  • Farahiyah Akmal Binti Mat Nawi

Abstract

The B40 household income group is the government's focus on inclusive development through the 10th Plan (2011-2015), the 11th Plan (2016-2020), the Shared Prosperity Vision Policy 2030 (WKB30) in Malaysia and Sustainable Development Goals (SDGs). This study discusses a Confirmatory Factor Analysis of livelihood assets ownership for the B40 household income group in Malaysia specifically in the Southern Region of Kelantan. For the implementation of CFA, this study uses the analysis of livelihood assets ownership which consists of five types of assets, namely physical assets, financial assets, human assets, social assets, and natural assets. The data collected using a face-to-face questionnaire involving 385 respondents consisting of Heads of Household. The results of the study found that the physical assets, financial assets, human assets, social assets and natural assets were factors of the sustainability livelihood assets for the B40 household income group in Southern Region of Kelantan.

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Published

2023-04-30

How to Cite

Nor Zuriati Amani Binti Ab Rani, Rospidah Binti Ghazali, Mohd Khairi Bin Ismail, & Farahiyah Akmal Binti Mat Nawi. (2023). CONFIRMATORY FACTOR ANALYSIS OF LIVELIHOOD ASSETS OWNERSHIP FOR B40 HOUSEHOLD INCOME GROUP IN SOUTHERN REGION OF KELANTAN. International Journal of Accounting, Finance and Business, 8(47). Retrieved from https://academicinspired.com/ijafb/article/view/614